February 25, 2014

The Daily Bankruptcy News

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Law:

Want to Work in BigLaw? Apply to These Law Schools --- Best Law Schools for Getting a Biglaw Job (2014) --- Columbia is Big Law's Favorite School
(DBN)

Law firms have shown little growth in recent years
(DBN)

Layoff Watch: Litigators Laid Low
(DBN)

Business of Law
(DBN)

Are Rainmakers a Breed Apart?
(DBN)

At Paul Weiss, Making Headlines And Profits
(DBN)

Deal Work a Boon for Paul Hastings
(DBN)

Canada: New report notes 94% employment rate for law graduates
(DBN)

Why do so many people hate law school?
(DBN)

Bar Association protests NSA spying
(DBN)

FBI writes judges, prosecutors and others, says their conversations were monitored
(DBN)

Turbulence at Patton Boggs
(DBN)

Racism Abounds At UCLA School of Law
(DBN)

Want to Excel in BigLaw? Master The Balance Sheet
(DBN)

GCs Being Shown the Door With Little Warning
(DBN)

5 Classes That Prospective Solo Practitioners Should Take In Law School
(DBN)

It's 2007 All Over Again For Law Students
(DBN)

Lawyer Reboot: Starting Over at a New Firm
(DBN)

Are You A Crappy Litigator? A Self-Assessment Test!
(DBN)

Tandem prides itself on anti-law firm culture
(DBN)

Offer Rates for Summer Associates Go Up, But Law Firms Remain Cautious
(DBN)

What does it take for a firm to become a Harvard Business School case study?
(DBN)

Definition of ‘premeditation’ elusive in jury instructions, so juror turns to cellphone and Google
(DBN)

Survey reveals iPhone, iPad popularity among small law firms
(DBN)

D.C. Law Firm Owned By Non-Lawyers Takes Advantage of Modified Rule 5.4
(DBN)

Clients don’t seem to mind nontraditional office arrangements
(DBN)

Bank robber who used bedsheet rope to exit 17th-story prison cell gets 41 months for escape
(DBN)

Law firm won’t split $250K check with attorney’s estate, says his suicide voided fee-share agreement
(DBN)

Lawyer on trial for strangling girlfriend ‘has killed before’
(DBN)

Former inmate lives in the home of his onetime lawyer, thanks to judge’s ruling
(DBN)

Duke P--- Princess Is A Fan Of The Fourteenth Amendment
(DBN)

Former child actor says being a law professor is like improv theater
(DBN)

Blind Florida Man Gets Guns Back After Shooting Friend to Death
(DBN)

N.Y. Farmer Catches Alleged Cow-Shaggers With Hidden Camera
(DBN)

Police Officers Sideswipe Car, Look For Any Cameras, And Then Charge Brooklyn Man With Causing The Accident, Resisting Arrest, And Disorderly Conduct
(DBN)

Weighing the arguments for and against obfuscation in court
(DBN)

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Judges:

Is Justice Thomas not paying attention? Commentator calls silence ‘downright embarrassing’ --- Beware: Clarence Thomas Is One Of America’s Top Legal Minds
(DBN)

Former bankruptcy judge, ex-Ohio court justice Thomas Herbert dies
(DBN)

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Wall Street:

Stock futures dip ahead of consumer confidence
(DBN)

Markets Are Lower
(DBN)

S&P 500 Hits Record
(DBN)

Global shares rise, US stocks at record high
(DBN)

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Layoffs:

US Army Will Be Slashed To Smallest Size Since World War II
(DBN)

Why 12.6 Million People Left The Workforce Since 2007 In One Chart
(DBN)

N. Carolina Comeback Masks Joblessness
(DBN)

Baby Boomers and the Labor Force
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

KKR's Record TXU Buyout Risks Chaos on Path to Bankruptcy
(DBN)

Why Consumers Could Benefit From Energy Future Holdings' Bankruptcy
(DBN)

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Agriculture:

America's West Is Drying Up
(DBN)

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Personal Finance:

3 Financial Traits Of A Successful Marriage
(DBN)

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Distressed Investing:

Hedge Funds' Best Ideas for 2014: Fannie, Freddie, Tribune, GM
(DBN)

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Banking:

Court ruling makes it harder for Ed Hale to sell First Mariner
(DBN)

US bank regulator says details 'worked out' on leverage rules
(DBN)

Survey: Why Customers are Leaving Big Banks
(DBN)

Ranks of Tiny Banks Shrinking as Challenges Mount
(DBN)

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Economy:

Four Big Economic Datapoints Are Coming Out Today
(DBN)

The Industries Most Responsible For Business Spending
(DBN)

Dallas Fed Manufacturing: General Business Index Flat, Production Increases, Employment Increases
(DBN)

Chicago Fed: "Economic growth slowed in January"
(DBN)

Yellen Seeking New Low-Rate Guidance Can Use Forecasts
(DBN)

Buffett Warns of Liquidity Curse, Celebrates Property Wagers
(DBN)

Financial advice for the end of the world
(DBN)

Fed's Aid in 2008 Crisis Stretched Worldwide
(DBN)

Minimum Wages From Around the World
(DBN)

Krugman: Bubbles Are Natural Big Lies
(DBN
)

Four Decades Of Taxes And Spending
(DBN)

DOT: Vehicle Miles Driven increased 1.1% year-over-year in December
(DBN)

This year’s crazy weather is freezing the economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

California city seeks eminent domain to bail out foreclosures
(DBN)

Weekly Update: Housing Tracker Existing Home Inventory up 5.7% year-over-year on Feb 24th
(DBN)

Learning From Buffett's Real Estate Deals
(DBN)

Foreclosure firm goes statistical to improve speed and quality
(DBN)

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Municipalities:

Judge sets June trial date for Detroit bankruptcy plan --- Judge to consider expedited Detroit bankruptcy process --- The Bankruptcy’s Calendar
(DBN)

Emergency Manager Kevyn Orr implies Detroit could become Tombstone if bankruptcy fails
(DBN)

Could a Detroit-Style Financial Meltdown Happen To The USA?
(DBN)

Detroit public safety union leaders say pension cuts 'crippling'
(DBN)

Detroit pension protesters offer own bankruptcy plan, vow to shut city down
(DBN)

Detroit pension funds could see benefit cuts in bankruptcy agreement
(DBN)

Pension cuts in Detroit's bankruptcy plan would be devastating and unfair --- Humanizing Bankruptcy: A look at pensioners’ lives
(DBN)

Fitch: Detroit Plan of Adjustment Hostile to Bondholders
(DBN)

Detroit's Lose-Lose Bankruptcy
(DBN)

WSU Law Professor Laura Bartell On The Detroit Plan
(DBN)

Detroit Regional Chamber's Baruah on Bankruptcy
(DBN)

Big battles loom as judge sets fast pace in Detroit bankruptcy
(DBN)

What Does Detroit's Restructuring Plan Mean for Munis?
(DBN)

Detroit’s leaky pipes and leaking cash
(DBN)

More Jefferson County bankruptcy expenses. See Tony Petelos's tab.
(DBN)

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Health Care:

FGH moving forward in bankruptcy proceedings
(DBN)

Study: Heath reform reduced bankruptcies 20 percent
(DBN)

Rural Oka. EMS files for bankruptcy
(DBN)

US insurers say proposed Medicare cuts less than feared
(DBN)

Poll: Economists have no idea if Obamacare is going to hurt the economy
(DBN)

Teen Accidentally Swallows Blowdart While Attempting YouTube Dare
(DBN)

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Telecoms:

Clock ticks on Ergen, Falcone fight for LightSquared
(DBN)

LightSquared Judge Says She Can't Reject Reorganization
(DBN)

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Tax:

Credit Suisse to face US Senate panel on tax dodging --- $250,000 stuffed in pantyhose...and other Credit Suisse tax evasion
(DBN)

Lawyers for Former BDO Chief Fight for Legal Fees
(DBN)

Chrysler turned away by bankruptcy court in tax-refund quest
(DBN)

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Gambling:

Miami Jai Alai Beats Lender's Attempt To Add $37M To Credit Bid
(DBN)

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Financial Literacy:

Oklahoma Makes Personal Finance Mandatory for High School Students
(DBN)

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Fuel Supply:

Trustee lawyer: Ex-Pettit Oil customers should gain reimbursement
(DBN)

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Building Materials:

Indiana Limestone To Close Operations
(DBN)

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Television:

Key upcoming dates in CSN Houston case, plus Judge Lynn Hughes’ best one-liners
(DBN)

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Politics:

Americans: Republicans in General, Democrats in Particular
(DBN)

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Autos:

At 99 the Oldest Chrysler Retiree Looks Back
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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In Pari Delicto:

In Pari Delicto — An Auditor’s Best Friend?
(DBN)

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Recent Pleadings:

 

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TBTF:

Too Big to Fail Is Too Big to Ignore
(DBN)

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Alternative Energy:

LDK Solar threatening bondholders with offshore insolvency --- Seeks provisional liquidators days before debt deadline
(DBN)

Bankrupt Solar-Panel Maker Suntech Seeks Court Protection
(DBN)

LDK Solar Files Provisional Liquidation in Cayman Islands
(DBN)

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Retailing:

Tap Dancing On The Grave Of Bon-Ton Stores
(DBN)

Dillard's 4Q Profit Down 26 Percent
(DBN)

Walmart’s Big Push to Go Small—and Destroy Your Neighborhood Dollar Store
(DBN)

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Religion:

Milwaukee church bankruptcy , abuse featured in Frontline documentary
(DBN)

Mom of two abused boys: Archdiocese is trying to blame me
(DBN)

Abusive priest gets disability, support from archdiocese
(DBN)

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Fraud:

Bankruptcy Trustee Claims Kim Rothstein Lied About Assets
(DBN)

Growing Global Threats of Economic Crime
(DBN)

Former Madoff secretary Annette Bongiorno testifies about 'hero' boss
(DBN)

Former Madoff Aide Recalls Fraudster's False Generosity
(DBN)

Madoff aide: I never knowingly committed fraud
(DBN)

Massive Bitcoin Theft Worth Hundreds Of Millions Of Dollars Alleged At Mt. Gox --- Mt. Gox's Impact on Bitcoin, in Two Charts --- Mt. Gox Bitcoin Exchange website disappears amid insolvency fears
(DBN)

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Aviation:

Qantas is set to cut jobs and sell its Melbourne Airport terminal
(DBN)

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Sovereigns:

GDP bonds face reality check
(DBN)

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UK:

UK retailer GAME forced to pay £3M in back rent fees
(DBN)

Rental charges are administration expenses
(DBN)

Tom McFeely vows to 'overturn bankruptcy '
(DBN)

Tax debt disqualifications dominate Insolvency Service stats
(DBN)

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PIIGS:

New Italy PM calls for 'radical change', tax cuts
(DBN)

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Canada:

Canada Gov't: Middle Class Dreams a Myth
(DBN)

Rob Ford's Latest
(DBN)

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Germany:

Germany's Loewe seeks new investor after group withdraws
(DBN)

IVG insolvency plan to make creditors new owners
(DBN)

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Ukraine:

Opposition leader says Ukraine is bankrupt , budget looted --- Ukraine risks bankruptcy in near future: Economists
(DBN)

Russia says won't deal with "mutineers" who took power in Ukraine
(DBN)

Ukraine bond investors remain anxious despite relief rally
(DBN)

Ukraine demands $35bn in loans from West to stave off bankruptcy
(DBN)

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Kazakhstan:

Kazakh leader pledges no bankruptcy in banking sector.
(DBN)

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Australia:

Here Are The Australian Suburbs Where You'll Find The Most Bankrupts
(DBN)

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